Internet of things (IoT) with the latest in machine-learning backed algorithms are the way logistics would be optimized to meet all customer demands and requirements, right from fast shipping, live tracking and notifications, and on-time delivery with optimized final mile movement.
We are now well past the 1st April enforcement date for electronic logging device (ELD) implementation. Now if your trucks are stopped for a roadside inspection, how do you prepare to get through that without any violations? Here’s what you need to know to be violation free.
Know where your drivers are at all times. A trucker was lost in snow-covered woods in Oregon for four days when the wrong address was plugged into the GPS. He managed to survive and walk back to more populated areas when his truck got stuck on small roads.
Polar Vortex can disrupt logistics movement pushing up freight rates due to a shortage of trucks and drivers. Shipments may be delayed either due to rerouting away from snow-blocked highways or, being detained due to traffic bottlenecks. Multi-modal transport via railroads and ports are also affected.
Here we are in conversation with Mr. Alok Gautam, the Country Logistics Leader at Dow Chemicals. He is an industry veteran with more than two decades of experience in the Chemicals and Oil & Gas industry. He is celebrated as a change maker and a man of keen intellect driving transformations across the industry.
Tech evolution must always be around a purpose. The purpose of the upgrades mentioned here, and many more that are regularly communicated to the clients through mailers, is singular. To optimize resource movement with a view to reduce operations costs and improve overall process efficiency.
Reduce your logistics management costs and increase overall efficiency by tracking drivers and their behavior in real-time. Industries, especially those with sensitive cargo and shipments, focus on tracking the behavior of their drivers to ensure service level agreement (SLA) compliance.
How you perceive your logistics management solutions affect how you allocate and direct your last mile deliveries. Your last mile delivery management system has a purpose. It is a crucial factor in how you satisfy the market demand and that too, on-time.
Do you also take a lot of time before finalizing a logistics management solutions provider? Do you wish to check the credibility of their performance, before taking the final call? Finally, do you wish timely and safe product distribution with real time visibility at the least possible cost?
The next big thing, FaaS, is slated to cover more than 30% of total logistics management growing to $900 Billion by 2030. These numbers are striking enough to sit up and talk about the utilization of FaaS and how it would affect the fleet management systems already in place. How would it work?